Qualcomm Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

Blue Apron Holdings Inc

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Company profile

Blue Apron Holdings, Inc. designs original recipes with fresh ingredients. The Company offers fresh, chef-designed recipes to its customers. Its core product is the meal experience, which includes discovering new recipes, ingredients and cooking techniques to preparing meals. On its direct-to-consumer platform, it offers its customers a mix of ingredients, cuisines, familiarity, discovery, and preparation times. It offers four weekly meal: plans - a Two-Serving Signature Plan, a Two-Serving Vegetarian Plan, a Two-Serving Wellness Plan, and a Four-Serving Signature Plan. For meal plans, customers have the flexibility to choose any combination of the recipes offered in their selected plan each week. The Company also sells wine, as well as a curated selection of cooking tools, utensils, pantry items, and add-on products for different culinary occasions, which are tested and recommended by its culinary team. Its products are available to purchase through its Website and mobile application.

Qualcomm Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

5:21 pm ET May 5, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Qualcomm Inc. (QCOM) rose 2.06% to $108.78 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.85% to 4,136.25 and the Dow Jones Industrial Average rising 1.65% to 33,674.38.

The stock's rise snapped a two-day losing streak.

Qualcomm Inc. closed $47.88 below its 52-week high ($156.66), which the company achieved on July 22nd.

The stock underperformed when compared to some of its competitors Friday, as NVIDIA Corp. (NVDA) rose 4.06% to $286.80.

Trading volume (10.7 M) eclipsed its 50-day average volume of 7.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 05, 2023 17:21 ET (21:21 GMT)